Est. 2023 · Singapore

Global Opportunities
with Regional Conviction

A global fund management company with an Asian orientation — investing across the universe of healthcare innovation and advanced manufacturing, with emphasis on companies positioned to leverage the growth of Southeast Asia and the wider Asian markets.

$350M
Assets Under Management
9
Liquidity Events
7
Portfolio Listings
Global
Mandate, Asian Orientation
About Us

Decades of Experience,
Purpose-Built for Growth

August Global Partners (AGP) is a growth-oriented fund management company headquartered in Singapore, serving a diverse base of financial investors, conglomerates, and institutions globally. Leveraging decades of international investment experience and an extensive network across Asia and beyond, AGP provides value-added capital and strategic support to its portfolio companies.

At inception in 2023, AGP launched two investment vehicles: the AGP Continuation Growth Fund, focused on growth equity in Southeast Asia-based companies within healthcare services and advanced manufacturing; and the AGP Healthcare Fund, dedicated to the theme of Living Better, Aging Better — backing founders and innovators driving advances in precision medicine, AI-powered health technologies, and patient-centric care shaping the future of healthcare in Asia and worldwide.

AGP is strategically positioned at the intersection of Asia's emerging "X-plus-one" dynamic — where global pharmaceutical companies, medtech manufacturers, and healthcare service providers are expanding operations into Southeast Asia. The underlying demand drivers are enduring: ageing demographics, rising chronic disease burden, and the need for accessible, high-quality care across the region. These are multi-decade structural tailwinds, not cyclical trends.

Reputable Team, Proven Track Record

Independent fund management company led by pioneers of Singapore's investment and biomedical industries, supported by the Singapore government. A team forged through some 15 years of working partnership across investment leadership roles.

Healthcare Domain Expertise

Deep knowledge across therapeutics, biotech, healthtech, medtech manufacturing, healthcare services, and supply chain & distribution.

Proprietary Deal Flow

Methodical, thematic sourcing through a global network of industry practitioners, government organisations, and research institutions. Specialist capital partners attract higher-quality deal flow on more constructive terms.

Exit-Oriented Investment Discipline

Exit pathways are underwritten at point of investment. Across both funds, the portfolio has achieved seven listings and two M&A exits — nine liquidity events delivering meaningful returns to investors.

Our Journey

A Heritage of Building
Singapore's Investment Ecosystem

Late 1980s

Pioneering Life Sciences Investing at EDB

Chu Swee Yeok pioneered Singapore Bio-Innovation, the first global biotech fund at the Economic Development Board, with operations based out of Singapore and the USA — laying the foundation for a new life sciences industry in Singapore.

2000

Nationwide Biomedical Sciences Initiative Launched

Singapore's Biomedical Sciences Initiative launched. Chu Swee Yeok held concurrent leadership roles at EDB and A*STAR, helping craft and execute national policies and strategies in infrastructure, research, industry and commercialisation to advance Singapore's biomedical ambitions and attract global research talent.

2001

Bio*One Capital Launched

As the founding CEO, Chu Swee Yeok led Bio*One Capital, a billion-dollar fund, to catalyse industry research and biomedical innovation — positioning Singapore as a commercial global hub for biomedical sciences research, enterprise and investments.

2009 – 2022

EDBI Restructured and Transformed

EDBI restructured as EDB's holding company for strategic global investments. Chu Swee Yeok was appointed CEO and drove investments beyond biomedical sciences into ICT, deep tech, strategic manufacturing, funds and local champions, building new teams and developing strategies for the enlarged investment platform. Basil Lui joined and led the deep-tech, healthcare, fund investments and value creation activities.

EDBI successfully transformed into a globally respected investor with a portfolio of over 200 private companies and funds — building a strong network, proprietary deal flow, deep sector relationships, and a proven track record across Asia and beyond.

2022

Vision for August Global Partners (AGP)

Building on her established track record and investment experience, Chu Swee Yeok mooted the concept of an independent, commercially oriented fund management platform — together with Basil Lui, drawing on their shared heritage and extensive global network.

Late 2023

AGP Founded with Two Investment Vehicles

Chu Swee Yeok and Basil Lui officially launched August Global Partners as an independent fund management company with two investment vehicles: AGPCGF and AGPHCF — with strong support from the Singapore government, global institutional LPs, and regional conglomerates.

2025

Growth of Portfolios

A total of nine liquidity events across both funds.

AGP Healthcare Fund closed above target at $150M, bringing total AUM to $350M. Two portfolio companies — Ambiq (NYSE: AMBQ) and UltraGreen.ai (SGX: ULG) — completed landmark IPOs.

AGP Continuation Growth Fund achieved five listings and two M&A exits, delivering cash returns to investors.

2025

Team Expansion

Davian Sim, who joined AGP in 2023 from EDBI, was made Partner, strengthening AGP's leadership bench across growth equity and advanced manufacturing investments.

Our Funds

Building a Multi-Fund Platform

Fund I closed and in divestment mode with significant DPI. Fund II closed and in deployment mode with early DPI. With a proven track record across the healthcare value chain and beyond, the platform continues to grow.

AGPCGF

Continuation Growth Fund

Growth equity investments in Southeast Asia-based companies in healthcare services and advanced manufacturing. AGPCGF assets — half of which are healthcare-related — and is in divestment mode, focused on realising value from its mature portfolio.

Healthcare ServicesAdvanced ManufacturingSoutheast AsiaGrowth Equity

Closed — Divestment Mode. Significant DPI achieved, driven by 5 portfolio listings and 2 M&A exits. Actively generating distributions from existing holdings.

AGPHCF

Healthcare Fund

Growth-stage investments anchored in Living Better, Aging Better themes — precision medicine, AI-powered health technologies, and patient-centric care. Supported by the Singapore government, global institutional LPs, and regional conglomerates.

Precision MedicineAI HealthcarePatient-Centric CareGrowth StageGlobal

Closed — Deployment Mode. 2 portfolio IPOs achieved within roughly two years of launch, with an additional company in the IPO pipeline — delivering early DPI to investors.

FUND III

Next Fund

As AGP continues to build on its track record across healthcare and advanced manufacturing, the team is laying the groundwork for its next vehicle — driven by strong LP interest and a maturing pipeline of opportunities.

Coming Soon

Existing and prospective LPs are welcome to connect with the team to stay informed on AGP's upcoming plans.

Our Team

The People Behind AGP

A team with decades of cross-border investment experience, deep domain expertise, and trusted long-term relationships.

Chu Swee Yeok
Chu Swee Yeok, PBM
Chair & Founding Partner
Chu Swee Yeok is the Chair and Founding Partner of August Global Partners (AGP), a fund management firm dedicated to investing in high-growth companies across the health and bio-ecosystem. With a career spanning decades at the forefront of strategic investment, she brings deep expertise and visionary leadership to AGP's mission of accelerating global healthcare innovation across Asia. Prior to founding AGP, Ms. Chu served as Senior Advisor to the Chairman of Singapore's EDBI, following her tenure as CEO, President, and Executive Director of the firm. Under her strong leadership, EDBI became a globally respected and trusted investor, building a diversified portfolio of over 200 private companies and funds across healthcare, digital innovation, financial services, and frontier engineering technologies. Ms. Chu's entrepreneurial journey with AGP is deeply rooted in her foundational role in shaping Singapore's biomedical sector. As the founding CEO of Bio*One Capital, she led the development of a pioneering billion-dollar fund that catalyzed innovation and commercialization in the industry — helping position Singapore as a global hub for biomedical research and enterprise. She also held senior leadership roles at EDB and A*STAR, where she played a pivotal role in crafting and executing national strategies that successfully advanced Singapore's biomedical ambitions. Beyond her leadership at AGP, Ms. Chu continues to contribute to industry growth through her service on the boards and advisory committees of public institutions, private enterprises, and publicly listed companies — championing innovation across diverse sectors. In recognition of her contribution to public service in healthcare, she was awarded the Public Service Medal (PBM) in August 2025.
Dr Basil Lui
Dr Basil Lui
CEO & Founding Partner
Dr Basil Lui, Founding Partner of AGP, is a seasoned investor and healthcare technology expert. As former Managing Partner at EDBI, he led investments in groundbreaking healthcare ventures, including digital healthcare platforms, precision medicine companies, AI driven healthcare solution providers, and mRNA vaccine developers. His expertise spans regenerative technologies, connected health, and emerging fields like synthetic biology and AI in healthcare. Basil's investment acumen extends to early-stage deep-tech fund-of-funds, with a focus on regional healthcare funds. His background includes roles as a McKinsey consultant, APAC President of a semiconductor EDA company, and academic positions at NUS and Cambridge University. With a PhD from Cambridge and multiple patents to his name, Basil combines deep technical knowledge with strategic investment insights, driving innovation in healthcare and emerging technologies.
Davian Sim
Davian Sim
Partner
Davian is a Partner of AGP. Prior to this he was the Senior Principal of Investments at EDBI where he was responsible for originating, leading and negotiating investments in areas such as Manufacturing/Advanced Manufacturing, Healthcare Services and Technology. Specifically, Davian successfully led several healthcare investment transactions in services and industrial manufacturing such as Dontia Alliance, a pan-Asian specialist focused dental services company; Meiban, an Asian based medtech manufacturer; and Esco Lifesciences, a global medical equipment and devices brand and manufacturer. Before EDBI, he was responsible for strategic investments and divestiture at Aalst-Wilmar, an associate company of Wilmar International focused on industrial chocolate and cocoa and prior to that, focused on growth and buyout transactions at BXR Group, an international private investment group. Davian started his investment career at Credence Partners (now known as Altara Ventures), a Southeast Asian small/mid cap focused private equity fund. Davian's overall deal experience ranges widely, from minority stake growth transactions and leveraged buyouts, to M&As and joint ventures. He began his career at PrimePartners Corporate Finance. He is a qualified CPA (Australia) and graduated with a Master of Applied Finance from Macquarie University and a Bachelor of Commerce from The Australian National University.
Jude Tan
Jude Tan
Jude is responsible for establishing and managing all aspects of finance, compliance and operational matters in relation to AGP and its funds. He started his career at a Big 4 accounting firm in Singapore with a 3-year London secondment. He was then Vice President at GIC's Enterprise Strategy department. Prior to AGP, he was a pioneering team member of Greenwillow Capital Management. Jude graduated from NTU with a Bachelor of Accountancy (First Class Honours) and is a Chartered Accountant (ICAEW).
Shawn Tan
Shawn Tan
Shawn is a Venture Partner at AGP and an investment professional with over 20 years' experience in both private and public equity investments. He is currently the Managing Director of Axon Alpha Advisors, a family office investor with a global mandate and healthcare portfolio which includes medical devices, oncology drug development and digital health solutions. Prior to this, Shawn led private equity, technology focused investments at Novo Tellus Capital and EDBI. At Novo Tellus he led investments into companies providing advanced automation solutions for biomedical end products and at EDBI he was responsible for the Strategic Growth Programme. Some of his previous healthcare investments included Biosensors Ltd, Hummingbird Bioscience, Inovio Pharmaceutical Inc, BotMD, and Hyphens. He holds a Bachelor's with Honours Degree in Genetics and Molecular Biology from Glasgow University, UK, and a Master's Degree in Applied Finance from Adelaide University, Australia.
Ong Jeong Shing
Ong Jeong Shing
Jeong Shing (JS) is a Venture Partner at AGP with over 15 years of global healthcare experience across corporate pharma, technology management and venture capital, including incubating and building early stage life science companies. He was Partner at EDBI, the strategic venture arm of the Economic Development Board of Singapore, leading healthcare investments in biotech, medtech, digital health and life science tools, as well as Fund of Fund investments. Prior to EDBI, JS oversaw investments at Venturecraft, a Singapore based boutique venture capital firm and multi-family office. He successfully set up a digital health incubator supported by the Singapore government and nurtured several successful local start up companies such as Mirxes, US2.ai, Hearti Labs and Aktivo. He also established a life science accelerator in Hangzhou China. JS earned First Class Honours Degrees in Bioengineering and Chemical Engineering from the National University of Singapore, and holds an MBA with distinction from the University of Cambridge, specializing in Private Equity.
Dr Warren Tan
Dr Warren Tan
Warren is part of the AGP Investments team, where his grounding in both life sciences and finance equips him to translate scientific promise into investment conviction. Prior to AGP, Warren was at SGInnovate, evaluating venture deals and building corporate-startup partnerships across the healthcare and agrifood verticals. Before that, he was an innovation consultant at Alcimed, supporting corporates through technology scouting and commercial strategy. Warren holds a PhD and BSc (First Class Honours) in Life Sciences from the National University of Singapore, where his doctoral research applied quantitative LC-MS panels and multiomics to characterise cardiovascular disease. He also holds a BSc (First Class Honours) in Applied Accounting from Oxford Brookes University and is a CFA charterholder — reflecting his belief that the best healthcare investors speak both the language of science and of capital.
Chris Koh
Chris Koh
Chris Koh is a multifaceted professional with a strong background in entrepreneurship, marketing, operations, and trading. He holds a Bachelor of Commerce with double majors in Economics and Finance from Monash University, Melbourne. Chris has essential experience in an SME, where he played a key role in marketing, operations, and business development with various industry stakeholders. He has also previously worked as an independent trader, specializing in funding arbitrage, market analysis, and risk-reward decision-making across diverse financial markets.
Jerlin Ong
Jerlin Ong
Jerlin is an adaptable administrative professional with experience in data review, scheduling, stakeholder engagement, event logistics, and customer service across public and private sector operations in Singapore. She was twice recognized with awards for good leadership and service.
News

Latest Developments

Recent milestones, investments, and announcements from August Global Partners.

December 2025
Bloomberg

UltraGreen.ai Jumps in Singapore's Biggest Non-Property IPO Since 2017

AGP portfolio company UltraGreen.ai, a global leader in fluorescence-guided surgical technologies, debuts on the SGX Mainboard (ticker: ULG) with shares rising 61% on the first trading day after a $400M offering at a US$1.6 billion valuation.

Read article →
November 2025
PRNewswire

AGP Closes Flagship Healthcare Fund Above Target, Expanding AUM to $350 Million

August Global Partners closes AGPHCF at $150 million, surpassing initial targets, with commitments from institutional and strategic LPs across Asia, Europe, and North America.

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November 2025
Reuters

Vietnam's Gene Solutions Seeks $100 Million from Pre-IPO and 2026 Listing

AGP portfolio company Gene Solutions, Vietnam's leading genomic testing firm, plans to raise $100M through a pre-IPO round and listing on the Hong Kong or Singapore exchanges, capitalising on growing demand for genetic diagnostics.

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September 2025
The Edge Singapore

65 Equity Partners Leads US$188M Investment in UltraGreen.ai at US$1.3B Valuation

AGP co-invests alongside Temasek-linked 65 Equity Partners and UK-based Vitruvian Partners in a US$188 million strategic round for the global leader in fluorescence-guided surgical technologies and AI-powered precision healthcare.

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July 2025
Bloomberg

Arm-Backed Chipmaker Ambiq Shares Surge 61% After $96 Million NYSE IPO

AGP portfolio company Ambiq, a pioneer in ultra-low-power edge AI semiconductors powering Garmin and Whoop wearables, lists on the NYSE (ticker: AMBQ) at $24 per share with the full exercise of the overallotment option raising total gross proceeds to $110.4 million.

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January 2025
Vietnam Investment Review

Singapore's August Global Partners Invests in Gene Solutions

AGP invests in Vietnam's leading genomic testing company Gene Solutions through a proprietary funding round, advancing AI-powered precision medicine and next-generation sequencing services across Southeast Asia.

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September 2024
DealStreetAsia

Dr Basil Lui Speaks at Asia PE-VC Summit 2024

AGP's founding partner joins leading healthcare investors at DealStreetAsia's flagship summit in Singapore, discussing PE investments in healthcare assets and the outlook for specialist healthcare strategies across South and Southeast Asia.

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November 2023
Tech in Asia

Ex-EDBI Chief Launches US$250M Global Investment Firm

Chu Swee Yeok, former CEO of EDBI, launches August Global Partners as an independent fund management company with two commercial funds and an initial AUM of US$250 million, focused on healthcare and deep technology investments.

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Opinions

Thought Leadership

Our team's opinion pieces on leading news platforms showcase industry insights and thought leadership across healthcare and technology.

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We welcome conversations with founders, co-investors, and institutions aligned with our mission.

Office

Parkview Square
600 North Bridge Road, #10-01
Singapore 188778

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Whether you're a founder seeking growth capital, an LP exploring healthcare exposure, or a co-investor looking to collaborate — we'd like to hear from you.

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